TACLOBAN CITY – The country’s economy remains strong despite the ongoing impeachment process against Chief Justice Renato Corona, said Department of Budget and Management Secretary Florencio Abad in a press conference yesterday.
“The basis why we can say that our country’s economy remains strong is because our stock market is stable,” said Sec. Abad.
This indication is a clear manifestation that the government is in control of the economy.
“Hindi totoong, napapabayan ang ating ekonomiya, although it (impeachment process) may affect our economy,” Abad stressed.
There were claims that the impeachment trial may affect the national economy as the main target of the impeachment trial is the Chief Justice of the country.
However, the government had already denied said speculation, citing that said process has nothing to do with the economy as it is a process that is mandated and guaranteed in our Constitution.
“But if people especially the business sectors sees that the government has stable governance, this will result for better economy,” he added.
“I just hope that once this is done, the Supreme Court and our legislators will go back to their functions,” Abad added.
Based on the time frame of the prosecution panel, they are hoping that by March or before the Lenten season the impeachment process will wrap up with a verdict on Corona.
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